BROKERS Register for FREE
BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,849,000
Cap Rate The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
N/A
Lot Size
N/A
Building Size
N/A
Premise Summary
Newly renovated office/showroom space primely located near the intersection of Douglas Road and Still Creek between Lougheed Highway and the Trans Canada Highway. This area is widely considered the geographic center of the Lower Mainland allowing for very quick access to all major municipalities. The Holdom Sky Train station is within walking distance. The main floor showroom area features windows on three sides for natural light, air conditioning, t-bar ceiling and pre-engineered flooring, server room, sound room, security alarm and two (2) washrooms. The second floor office features lots of windows for natural light with views of the North Shore mountains, air conditioning, t-bar ceiling and pre-engineered flooring, one (1) private office, kitchen/lunchroom, security alarm and two (2) washrooms. Five (5) parking stalls available. Please telephone or email listing agents for further information or to set up a viewing. (id:39198)
Location
Province
British Columbia
City
Burnaby
Address
101 2544 Douglas Road
Postal Code
V5C4H7
Location Highlights
N/A
Listed by
RE/MAX Crest Realty British Columbia listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
2,962
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
FF & E Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
N/A
Financial Information
Yearly Rate
$1,849,000
Asking Price
$1,849,000
Cap Rate The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
N/A
NOI Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
N/A
Gross Revenue- annual
N/A
Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
N/A
EBITDA Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
2,962
Other Information
Owner willing to Finance
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
Save this Listing